Trading Idea: Realty stock

Realty stocks had been in limelight and have showcased good upmove off late. Find out the stocks from this space you can bet on with Salil Sharma, technical analyst, Partner, kapursharma.com.

Smartinvestor : The markets have been facing some amount of selling pressure in trades today. What are the chart patterns (Nifty) suggesting? Where are we headed in the near term?

Salil Sharma : The markets are stuck in a range of 5,830-5965 It was more due to the Parliament session and now the parliament session is over. Today we have opened lower in trades on the back of global cues .

Smartinvestor : Can you recommend three stocks from the heavyweight space which are looking attractive for a trading perspective of two weeks?

Salil Sharma : From two weeks perspective, metal stocks are looking good. One can buy Tata Steel with stop loss at Rs 415 for a target Rs 460.

Smartinvestor : Realty stocks were in limelight and outperformed the benchmark indices. How should one approach stocks in this space?


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